Easy Forex Daily Forex Report 18-03-2014
March 18, 2014 2:05 pmVideo
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The EU Morning Report – Dollar jittery ahead of FOMC statement tomorrow – 18 March 2014
Written by the easy-forex team
Currencies
The US dollar (USD) regained against the Japanese yen (JPY) aiming at 101.93 last night. The dollar had come under pressure over last week but is now regaining momentum across the board. Look ahead this afternoon for Long-term-Purchases indicating an inflow or outflow of investments from the United States.
Equities
British stocks made their first correction after days of decline amid high risk aversion from investors. The UK 100 (FTS) index recorded a rise to 6582 from a low of 6499 last Friday.
Commodities
Brent Crude (BRT) prices follow the general trend of energy prices edging lower. The crude oil touched a low of 106.10 dollars per barrel from 108 dollars on Friday as Crimean tensions ease.
Mover & Shaker with FX Options
Gold (XAU) edged lower yesterday as tensions over Ukraine eased and funds rushed into riskier assets. The precious metal moved to 1358 before correcting to 1360 in early trading.
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